The price of gas in Europe exceeded $2,200 per 1,000 cubic meters
23:08 27.07.2022 8445
The spot price of gas in Europe by Tuesday evening exceeded $2,200/ths.m3 in anticipation of the failure of another gas pumping unit on the Nord Stream, Interfax reports.
The cost of the nearest (August) TTF futures on the ICE Futures exchange rose to $2244 on Tuesday evening.
A day earlier, trading closed at $1,852, and since the beginning of the month, the quotes averaged $1,720.
Gazprom reported that due to the end of the time between overhauls before overhaul, the concern is stopping the operation of another Siemens gas turbine engine at the Portovaya compressor station (CS).
As a result, the daily output of the Portovaya CS from 07:00 Moscow time on July 27 will be up to 33 million cubic meters. m per day compared to the current 67 million cubic meters. m per day (40% of productivity).
Analysts at Rystad Energy, a research company, note that with such a level of supplies under SP1, it will be very difficult for the European Union to achieve the target level of gas reserves in UGS facilities of 80% by November 1. In addition, analysts warn that US LNG supplies to Europe will complicate the upcoming hurricane season.
Polypropylene was sold to the domestic market at exchange auctions
At the auction of the State Commodity and Raw Materials Exchange of Turkmenistan last week, 27 transactions were registered.
Business meeting of the US-Turkmenistan Business Council will be held in Ashgabat
The US-Turkmenistan Business Council (USTBC) will hold its annual business mission in Ashgabat from December 5 to 7, Turkmen news agency Orient reports citing USTBC.
Gurbanguly Berdimuhamedov outlined the prospects for the development of the oil and gas industry in Balkan region
On Thursday, January 13, President Gurbanguly Berdimuhamedov made a working trip to the Balkan region, during which he visited the Uzynada field and held a meeting on the further development of the oil industry in the region.
Turkmenistan has a high production potential in the oil and gas sector
Turkmenistan has a high resource and industrial potential, as well as natural and technological capabilities to turn the country into a major producer and exporter of strategically important oil and gas products. The well-known Turkmen scientist, doctor of technical sciences and expert Allaberdy Ilyasov stated this in an analytical article.
New poem by the President about Turkmenistan inspires oil and gas workers to labor success
Recently, the Central Building of the Oil and Gas Complex of Turkmenistan hosted a conference dedicated to the new poem of President of Turkmenistan Gurbanguly Berdimuhamedov entitled «My homeland, Turkmenistan!», which became a wonderful gift for the entire Turkmen people for the new year 2022, held under the motto "Epoch of people with Arkadag".